Archived News
28-10-2011
ANALYSIS-Promising Biodiesel Crop Needs Time to Prove Itself
28/10/2011 (Reuters) - Several new companies are betting on the little-known pongamia pinnata tree as a biodiesel feedstock that does not hurt food production, but a decade or more of research and development is still needed to determine its value as a commercial crop.
28-10-2011
VEGOILS-Palm at 5-Week High on Euro Zone Agreement
28/10/2011 (Reuters) - Malaysian palm oil futures rose to a five-week high on Thursday, as a euro zone debt deal boosted investor sentiment, with higher crude prices and lower output expectations offering additional support.
28-10-2011
MMTC Invites Bids for 22,000 T Palmolein Import
28/10/2011 (Hindu Business Line) - State-owned trading firm MMTC has invited bids for the import of about 22,000 tonnes of RBD palmolein for sale in the domestic market.
28-10-2011
Food Exports up By 38.5pc
28/10/2011 (The News International) - Pakistan’s food exports rose by 38.5 percent to $993.71 million in July-September 2011 quarter from $717.45 million, showed figures released by the Federal Bureau of Statistics (FBS).
28-10-2011
Malaysia Stocks: Dutaland, Hibiscus Petroleum, Supermax, YTL
28/10/2011 (Bloomberg) - Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the close in Kuala Lumpur.
28-10-2011
IOI, Dutaland in War of Words Over Termination of RM830mil Deal
28/10/2011 (The Star) - Dutaland Bhd and IOI Corp Bhd waged a war of words via Bursa Malaysia website regarding the termination of a proposed acquisition of a large piece of oil palm plantation land in Sabah that was to cost IOI Corp Bhd RM830mil.
28-10-2011
Markets Up on EU Plan to Contain Euro Zone Crisis
28/10/2011 (The Edge Malaysia) - Asian markets rallied on Thursday, Oct 27 after euro zone leaders struck a deal to contain the euro crisis, with the key indices up between 1% and 1.7%.
27-10-2011
Palm Oil Struggles For Sustainability
27/10/2011 (Financial Times) - Global efforts to put the $50bn palm oil industry on a sustainable footing are under threat because of lack of support from fast-food chains and other end-users, according to GreenPalm, a supporter of the initiative.
27-10-2011
IOI Cancels RM830Mil Plan to Buy Sabah Land
27/10/2011 (The Star) - IOI Corp Bhd has terminated its proposed acquisition of 11,977.91ha of oil palm plantation land in Sabah from Dutaland Bhd for RM830mil.
27-10-2011
Neste Oil Surprises Market With Better-Than-Expected Q3 Result
Activists protesting against use of palm oil stage protest outside Neste headquarters.
27-10-2011
Hopes for Strong Earnings Figures Buoy Local Stocks
27/10/2011 (Jakarta Globe) - Indonesian stocks overcame a grim opening to end up in positive territory for the third straight day on Wednesday amid expectations of good news from earnings results and hopes of a breakthrough in Europe’s debt crisis.
27-10-2011
Ukraine\'s Trade with Malaysia in 2012 May Reach Level of 2008
27/10/2011 (UkrAgroConsult) - The Malaysia External Trade Development Corporation (Matrade) has noted the growth in trade between Ukraine and Malaysia since 2010 and hopes to reach the 2008 figure of $352 million in 2012, which will exceed the figure for 2010 by 31.4%.